The official blog of Stathis Kassios for Business, Media, Economics & Arts

The General Data Protection Regulation 2016/679 (GDPR) was passed on 27 April 2016 and is mandatory for all Member States of the European Union since 25 May 2018, creating a single legal framework without the need for national legislation and by deleting existing legislation. The new regulation significantly increases the obligations of businesses, and the size of the fines are set too high on the top management agenda. Object of the General Regulation 2016/679: The establishment of a single legal framework for the processing of personal data in the Member States of the European Union, which sets out a series of restrictions and new obligations on businesses regarding: The processing of personal data throughout its life cycle, from collection to destruction  Transferability to other countries  Protecting the rights of individuals  Security (privacy, integrity, availability) of personal data  The disclosure actions that the business should do in the event of ...

Currently reading again ''Think and grow rich'' by Napoleon Hill. This book grows on you and needs a lot of self-meditation to grasp the inner meanings of its pages. Don't read this book if you have no personal goals for life or don't care about how globalization is affecting your local secure space. Here's an excerpt: ''The majority of people who fail to accumulate money sufficient for their needs, are, generally, easily influenced by the ''opinions'' of others. They permit the newspapers and the ''gossiping'' neighbors to do their ''thinking'' for them. ''Opinions'' are the cheapest commodities on earth. Everyone has a flock of opinions ready to be wished upon anyone who will accept them. If you are influenced by ''opinions'' when you reach decisions, you will not succeed in any undertaking, much less in that of transmuting your own desire into money. If you are infl...

Hello people, here's some of the online stuff around IT, business, technology, finance, media, economics, politics, and other cosmic fields I have been digging lately. Enjoy! WhatsApp co-founder who made billions from Facebook now says to delete it Automated trading platform AlgoTrader raises €1.1 million Game Theory Scowls at Trump-North Korea Talks My latest economic report for the media industry in Europe available to registered investors & financial advisors of CressCap Investment Research platform How Capitalist Is Singapore Really? How the U.S. Squandered Its Steel Superiority Forget $100,000 bitcoin, says Kenneth Rogoff — try $100 instead Time is FAST - Capture the MOMENT Moovit raises another $50M led by Intel for its urban transit app, plans Mobileye collaboration Trump Embarks on a Gigantic Fiscal Experiment: Debate 55 Must-Know SEO Tricks for Business Websites (Infographic) -Stathis Kassios www.skassios.com

It is this time of the year again to share my personal thoughts & predictions for how the world will change more in the new year with all the tech, business & economic developments taking place around the globe. Do you feel the world is a smaller place with all the direct global communications and consumption of media content? As we are bombarded daily with massive information through social media platforms, subconscious confusion is lurking in our rational thinking and we crush in  perception walls of not understanding the events or the international forces that affect and shape our lives as economic entities & citizens. These global powers are aggressively shaping urbanization and the future which is now. What a year for Bitcoin. There will be more excitement for cryptocurrencies as some financial institutions are starting to see opportunities where other bankers or governments see a growing threat for traditional currencies, trade and exchanges. History teache...

Closing 2017 with some articles I found interesting to share with you. Preparing my annual predictions for tech and business trends in the new year which I will publish in the blog soon. In the meantime, enjoy some good intellectual pieces - and one artistic surprise beneath - while waiting for your X-mas family dinner. Bitcoin & Bubbles Saudi Arabia's Newest Citizen Is a Robot Moovit Is On A Mission To Speed Up The Bus Ride For Commuters Worldwide A robot can print this $64,000 house in as few as 8 hours — take a look inside Ten trends redefining enterprise IT infrastructure Blockchains don’t scale. Not today, at least. But there’s hope. Merry Christmas! S.

The following excerpt is from a paper on macroeconomics by Emi Nakamura and Jon Steinsson, Columbia University October 25, 2017: ''throughout the period between early 1930 and March 1933, the Fed failed to act and instead allowed the money supply to fall by large amounts and allowed a substantial fraction of the banking system to fail. Eichengreen (1992) argues that an important reason why the Fed did not act was that it felt constrained by the gold standard. The idea is that effective action almost surely would have been inconsistent with remaining on the gold standard and those that favored remaining on the gold standard prevailed until Roosevelt took office. One of President Roosevelt’s first policy actions was to take the US off the gold standard in April 1933. Industrial production immediately sky-rocketed. The weakness of this observation is that the Roosevelt administration, of course, changed a number of polices.'' Greece's economy is going throug...

Technological predictions by Ray Kurzweil AI Enters University. Your Move Humans! Corporate Web & Mobile Development Why the World Is (Still) Better Than You Think—New Evidence For Abundance Do tight labor markets cause inflation? New Mobility World 2017 — Nir Erez Speaking on the Moovit Future Of Mobility Urban commercial transport and the future of mobility Bitcoin is making banks nervous. Here's why Why Does Sweden Have So Many Start-Ups? Inside the World of the 'Bitcoin Carnivores' Yours truly Stathis Kassios www.skassios.com